United StatesCaliforniaLos AngelesFlorence7111 South Broadway

7111 South Broadway 7111 South Broadway Los Angeles, California 90003 United States

$1,800,000
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This fully renovated mixed-use investment property offers strong cash flow and a turnkey opportunity for investors. Undergoing a complete transformation from 2019 to 2022, with $750,000 in upgrades, every major system has been modernized to...

Home Smart Realty Group

Listing Courtesy of Home Smart Realty Group, Email/Phone : 562-256-5779
$1,800,000
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445 m²
Exterior
Residential Income
Property type
1902
Year Built
PW25046864
Web Id
PW25046864
MLS ID
Los Angeles Unified
School District
59
days ago

About 7111 South Broadway

This fully renovated mixed-use investment property offers strong cash flow and a turnkey opportunity for investors. Undergoing a complete transformation from 2019 to 2022, with $750,000 in upgrades, every major system has been modernized to ensure long-term value and minimal maintenance. Extensive improvements include a fully replaced plumbing system, new electrical panels with complete rewiring for both residential and commercial spaces, and main sewer lines replaced from the street to the units. The interior features all-new drywall throughout, along with new tankless water heaters and two brand-new roofs. The exterior has been enhanced with new stucco, windows, gutters, and freshly poured concrete in the back area. Residential units include: 3 bedroom 2 bath, 2 bed 1 bath, a studio and a bonus un-permitted studio. Each unit has washer and dryer inside. All three residential apartments have been fully remodeled, as well as the three commercial units, with one space divided into two separate units. The property generates strong rental income and with significant upgrades already completed, this property is a rare opportunity for investors seeking a high-income, low-maintenance asset.

Listing Courtesy of Home Smart Realty Group, Email/Phone : 562-256-5779

Amenities

  • Refrigerator
  • Vinyl Flooring
  • heating/cooling

PROPERTY INFORMATION

Appliances
GasOven, Refrigerator
Community Info
Urban
Cooling
WallWindowUnits
Garage Info
0
Parking Description
OnStreet
Sewer
PublicSewer
Water
Public

EXTERIOR

Construction
Drywall, Concrete, Stucco
Lot Description
ZeroToOneUnitAcre
Roofing
Flat

INTERIOR

Flooring
Vinyl

ADDITIONAL INFORMATION

Number of Units
6
Listing Courtesy of Home Smart Realty Group, Email/Phone : 562-256-5779

Home Smart Realty Group

Listing Courtesy of Home Smart Realty Group, Email/Phone : 562-256-5779
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